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Cryptocurrency News Articles

The Behavior of Long-Term Investors in the Crypto Market Revealed New Trends in 2024

Dec 30, 2024 at 09:56 pm

Ethereum solidified itself as the preferred asset over Bitcoin. The proportion of long-term Ether (ETH) holders—those who hold their tokens for more than a year

The Behavior of Long-Term Investors in the Crypto Market Revealed New Trends in 2024

Key Takeaways:

* Long-term Ether (ETH) holders increased from 59% to 75% over the year.

* Bitcoin (BTC) saw a decline in long-term holders, dropping from 70% to 62%.

* Analysts remain optimistic about BTC, predicting it could reach $200,000 soon.

* Ethereum (ETH) has seen growing integration into financial products like ETFs.

* December saw a doubling of net inflows into ETH ETFs, reaching $2.1 billion.

* 2025 could be crucial for ETH with regulatory and technological changes.

News source:crypto-economy.com

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Other articles published on Jan 02, 2025